Auswide Bank (ASX:ABA) partners with National Seniors Australia

Company News

by Ortenzia Borre

Auswide Bank (ASX:ABA) has partnered with National Seniors Australia to provide their members with access to a range of fixed interest term deposits.

According to National Seniors Chief Executive Professor John McCallum, the partnership with Auswide Bank means that older Australians can secure a competitive fixed interest rate on their savings and launching tailored financial products in partnership with a reputable provider like Auswide Bank gives its members a low-risk, no-fee way to save.

The bank says the establishment of mutually beneficial partnerships with member and community-based organisations like National Seniors is a key pillar of the Queensland Bank’s three-year strategic plan and will support further retail and business banking growth.

Shares in Auswide Bank (ASX:ABA) closed 0.5 per cent higher at $5.73 yesterday.